Nasdaq Tells U.S. SEC Precise Crypto Labeling Will Be Everything in Future Regulation

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Crypto News

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission’s crypto task force. “While […]

Galaxy Digital Gets SEC Nod for U.S. Listing, Eyes Nasdaq Debut in May

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Crypto News

Galaxy Digital is moving closer to a U.S. stock market listing after the Securities and Exchange Commission (SEC) approved its registration statement tied to a corporate reorganization. The crypto and AI infrastructure firm, currently listed in the Toronto Stock Exchange, aims to shift its home base from the Cayman Islands to Delaware and list shares […]

BTC’s Strength Amid Nasdaq Drop is Impressive, But Potential Basis Trade Blowup That Catalyzed the COVID Crash Poses Risk

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Crypto News

Bitcoin’s (BTC) recent stability amid Nasdaq turmoil driven by tariffs has generated excitement among market participants regarding the cryptocurrency’s potential as a haven asset. Still, the bulls might want to keep an eye on the bond market, where dynamics that characterized the COVID crash of March 2020 may be emerging. Nasdaq, Wall Street’s tech-heavy index […]